Stash adds GBTC and ETH exposure to its asset management products.

01月
21
2022-1-21 04:04
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Golden Financial announced that it has begun offering cryptocurrency influence to its users by including two Grayscale Investments trust funds in its Stash management data. The company will start allocating select users' smart wallet funds to GBTC and ETHE. GBTC and ETHE have assets under management of approximately $27 billion and $10 billion, respectively. Elizabeth Marchietti, chief investment officer of Stash, said the quotas for GBTC and ETH were between 4% and 6%, the equivalent of two trusts, depending on the risk of becoming information. It has been easier to invest in trust in existing cryptocurrencies than to invest directly in crypto assets, he added. Founded in 2015, Stash is an investment and business platform that manages 6 million users and approximately $3 billion in assets. (blocks)

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